MedX Holdings Reports <a href="https://laohu8.com/S/QTWO">Q2</a> Growth, Projects $1.5M Revenue for FY25 as Las Vegas Lounge Nears Approval
Med-X Holdings, Inc. (OTC: MEDH), the parent company of Lazydaze +Coffeeshop, has issued its Q2 2025 investor update, highlighting significant progress and future prospects. The company reported increased sales in Q2 and is on track to achieve approximately $1.5 million in full-year 2025 revenue. CEO Hans Enriquez expressed optimism, noting that the company is at an inflection point with several upcoming initiatives. Key developments include the near completion of approvals for a Las Vegas consumption lounge, and the planned opening of a new Lazydaze franchise in Houston, targeted for Q4 2025 or early 2026. Additionally, Med-X Holdings is actively pursuing lounge deals in Florida and California, positioning itself for growth in these markets. The company's technology platform, Leaf-trak, is set to transition from development to rollout, with Q3 pilots and a commercial release anticipated in Q4. This new software and payments engine is expected to drive revenue growth starting in late 2025 and into early 2026. Despite regulatory challenges and tight capital conditions, Med-X Holdings remains resilient and focused on expanding its footprint in the evolving cannabis industry.
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